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Statement
Regarding References
From
time-to-time, we receive requests (from potential clients)
for references from previous clients whom we have represented
either from the position of an acquisition or that of a divestiture of a Daycare Center.
While there are many who place a great deal of value or importance
on this issue, there exists a problem that far overshadows
that particular potential clients needs.
We
have chosen to to address this extremely important issue as
follows:
The reason that there is no existence of a central, reliable
database of financial statistics and characteristics of Daycare Centers
(and their original, as well as new owners), the sale of which
have closed, is, quite simply, singular and simple. It is
because of the issue regarding confidentiality. For obvious
personal reasons, rarely is the exiting owner of a Daycare Center
willing to disclose his or her terms of the sale or, for that
matter, any other conditions regarding the sale. The same
thing is applicable for entering owners. Again, terms
and conditions are private and confidential and, outside of
the Seller, Buyer, and any Professional Representatives involved,
they are no one else's business. It is because of this extremely
confidential nature of the industry that most experienced
Intermediaries will not provide references. Like most long-term
professionals in the industry, DaycareCentersForSale.com also does not
provide references.
Business
relationships with our clients (or potential clients) begin
and end with extreme confidentiality. If you are considering
a client-representation relationship with DaycareCentersForSale.com and/or
any of it's affiliates, understand that your relationship
with us will be treated exactly like those that we have with
our other clients and that none of our present or future clients
will be made aware of any part (terms and/or conditions) of
the contractual relationship we have with you. The exception,
of
course, is the instance in which the subject party is a qualified
potential party to a particular transaction in which case,
they too, would be contractually bound to confidentiality.
In
summary, it is the degree to which DaycareCentersForSale.com
highly regards confidentiality that we, for many years, have
not provided references of past or previous buyers, sellers,
or owners with which we have been involved. We
have made and will continue to make no exceptions to this
rule. We will however, be willing to discuss, without disclosing
the particular transaction (and at the appropriate time), certain
characteristics of transactions on which we have worked. If
you would like pursue a business relationship with DaycareCentersForSale.com,
feel free to contact
us.
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